Becht, Marco; Mayer, Colin - In: Revue d'économie politique 112 (2002) 4, pp. 471-498
control benefits. This suggests a relation between regulation and the structure of ownership of companies that goes beyond … existing "over-", "under-" or "optimal-regulation" theories. The paper discusses an alternative view that ownership is largely … in which regulation confers particular advantages : shareblocks are concentrated at levels at which there are significant …